Five IPO terms you should know as companies gear up for their public issues
Read on to find out everything there is to know about book-built issues and offers for sale to ASBA and greenshoe options, among other things.
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Read on to find out everything there is to know about book-built issues and offers for sale to ASBA and greenshoe options, among other things.
Pfc: The Public Issue of Secured, Rated, Listed, Redeemable Non-Convertible Debentures of face value of Rs 1,000 each aggregating up to Rs 10,000 crore (Shelf Limit) and will be issued in one or more tranches. The company has filed the prospectus on Thursday, July 6 with the Bombay Stock Exchange (BSE).
SEBI has approved measures to strengthen the securities market and corporate governance of listed entities. These changes include allowing self-sponsored REITs and InvITs with board control or investment manager control. Unitholders with a 10% or higher holding in REITs or InvITs will have the right to nominate representatives on the boards. SEBI has also reduced the timeline for listing shares in public issues from T+6 days to T+3 days to expedite the listing process. Additionally, foreign portfolio investors will have to meet additional disclosure requirements to prevent violations of minimu...
Mumbai, Markets regulator Sebi on Wednesday cleared the proposal to reduce the listing time for shares in public issues to three days from existing six days,
(This story has not been edited by THE WEEK and is auto-generated from a PTI